Most Chic Studio Ever!
Facing North into townhouse gardens, and boasting 12 ft ceilings and original details throughout, this studio is a very rare offering. The original marble fireplace mantel, wood and plaster moldings, paneled doors, plaster ceiling, and hardwood floors have all been beautifully restored. The windowed kitchen and black and white tiled bathroom add a fun retro style to the property, and are move in ready. The main room measures roughly 15' x 24' with a well-designed walk in closet adjacent. There is thru-wall air conditioning, and a washer/dryer could likely be added, with board approval.
Located in a beautiful 1860's 25 ft wide brownstone, there is an original (restored and refurbished) OTIS elevator and a washer/dryer in the basement. The common hallways are beautifully restored and cared for, and the building's faade and entrance are stunning . East 37 Street between Madison and Park Aves is often considered one of the most beautiful blocks in the city, with the JP Morgan Library anchoring the southwest corner, the Belle poque Styled Polish Consulate on the opposite corner, and the Union League Club on the Southeast corner, with beautiful townhouses stretching the length of the block.
This is truly one of the most special studio apartments to come to market in a very long time. 80% financing permitted, as well as pied-a-terre ownership. Showings by appointment
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Our Executive Mortgage Banker:
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$495,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $396,000 | $396,000 | $396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,635 | $2,632 | $3,340 |
Total Monthly Payment | $2,710 | $2,707 | $3,415 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.